Metcircle is a networking organization founded by Preston Tsao in 1991 for ultra high net worth families. Based in New York City, the group has approximately 100 member families, located primarily in the New York metropolitan… read more
The Chicago Tax Club, organized in 1933, is a nonprofit association consisting of individual tax professionals employed by corporations and other businesses. The principal function of the organization is providing educational… read more
Starting in 2011, California provided a potentially major tax break for businesses with multistate operations; the new law allows multistate businesses to make a single sales factor election. This election assigns income… read more
The District of Columbia enacted mandatory unitary combined reporting for tax years beginning after December 31, 2010. The proposed regulations issued by the Office of Tax and Revenue on January 20, 2012, are currently… read more
The State of Ohio imposes numerous taxes, which include interest and penalty provisions that apply to a taxpayer who fails to file and/or remits payment late. The State recently enacted a tax amnesty program… read more
The city of Philadelphia recently enacted Bill No. 120007 (the Bill), providing for an exclusion from the city’s Business Income and Receipts Tax (BIRT) and Net Profits Tax (NPT) for investment companies, general partners,… read more
The State of Kentucky has recently joined Ohio and Texas as the latest state to offer a tax amnesty program as a way to reduce the state’s budgetary gap. Kentucky imposes many taxes as well as harsh interest and penalty… read more
WTAS hosts breakfast and a discussion of hot topics in state and local taxation titled WTAS State and Local Tax: Meet the Experts. Financial objectives of your business can be better achieved through the strategic management… read more